COUNTERCOLUMN: All Your Bias Are Belong to Us

"In the future, everyone will have access to VA health care for fifteen minutes."

Wednesday, November 24, 2004

The Invisible Hand Job

Given a large enough population sample to draw from, soldiers, like any other labor, are a commodity. And you can judge the percieved scarcity of any commodity by fluctuations in its price. When labor is scarce relative to demand, the price of labor increases.